The book value of a depreciable asset equals A. original cost minus accumulated depreciation. B. the estimated amount that the asset could be sold for. C. original cost minus depreciation expense for the current period. D. the estimated cost to replace the asset. Given the following data, what is the cost of goods sold? Sales revenue $1,850,000 Beginning inventory 390,000 Ending inventory 310,000 Purchases made 1,100,000 A. $1,490,000 B. $710,000 C. $790,000 D. $1,180,000